Searchlight Capital Partners and BCI Invest in Adams Outdoor Advertising

Adams Outdoor Advertising Acquires Cee Media

January 13, 2025

Marketing & Advertising

Adams Outdoor Advertising, the fourth-largest out-of-home operator in the U.S., has acquired Wisconsin-based billboard company Cee Media, adding Cee Media's network of roughly 100 billboards to its portfolio. The acquisition expands Adams' footprint across central Wisconsin and strengthens its mix of static and digital out-of-home advertising locations for local and national advertisers.

Adams Outdoor Advertising Acquires Scotty Outdoor

September 30, 2025

Marketing & Advertising

Adams Outdoor Advertising has acquired Scotty Outdoor, adding 132 static billboard faces and 3 digital faces across North and South Carolina. The acquisition expands Adams' out-of-home footprint across key Carolina markets (from Boone and Charlotte to Emerald Isle and Columbia), strengthening its regional advertising coverage.

Fulcrum Capital Partners Invests in Creative Outdoor Advertising

September 10, 2021

Media & Entertainment

Fulcrum Capital Partners, alongside co-investors from its Fund VI limited partners, has made a growth investment in Creative Outdoor Advertising (COA), a provider of street furniture out‑of‑home advertising. The capital will support COA’s expansion across North America through new municipality partnerships and acquisitions.

Adams Outdoor Acquires Chesapeake Outdoor

June 17, 2025

Media & Entertainment

Adams Outdoor Advertising acquired Chesapeake Outdoor, adding 181 static billboard faces and expanding its footprint in the Norfolk/Virginia Beach market and into the Salisbury–Ocean City, MD DMA. The acquisition strengthens Adams' regional presence on the Eastern Shore of Virginia and Maryland and will be integrated under Adams' Norfolk operations.

Searchlight Capital and BCI to Acquire Consolidated Communications for $3.1 Billion

November 20, 2024

Telecommunications

Affiliates of private equity firm Searchlight Capital Partners and British Columbia Investment Management Corporation (BCI) will acquire Consolidated Communications Holdings, Inc. in an all-cash transaction valuing the company at approximately $3.1 billion including assumed debt. The deal, which was approved by the Vermont Public Utility Commission and previously by Consolidated shareholders, will take the Mattoon, Illinois–based fiber and landline provider private to provide greater flexibility to execute its fiber expansion strategy, subject to remaining federal approvals.

BC Partners Acquires Majority Stake in Madison Logic

December 30, 2022

Marketing & Advertising

BC Partners has signed a definitive agreement to acquire a majority stake in Madison Logic, the global account-based marketing (ABM) platform, from Clarion Capital Partners. Clarion and other shareholders including CEO Tom O'Regan and co-founders Vin Turk and Erik Matlick will retain minority stakes; the deal (previously reported at a $750 million enterprise value) will support Madison Logic's growth and technology investment.